What is Telcoin?
Telcoin is a financial technology platform leveraging the blockchain to facilitate high-speed, low-cost international remittances. Think cryptocurrency meets Western Union or Money Gram. People all over the world will be able to send money to their loved ones more easily & faster with Telcoin.
Since its founding in 2017, Telcoin has come a long way. Navigating its way to the blockchain, the cryptocurrency coin has successfully made its way to Canada and the Philippines. Telcoin is off to a good start with its venture connecting telecom and mobile money platforms globally.
Where and How to Buy Telcoin Crypto
We suggest that you register on Binance.
Binance is the best exchange for several reasons. First, it has great liquidity volume. It also has a low trading fee and fees can be charged in the native BNB coin for a reduced price.
Binance is the best exchange because it has great liquidity, low trading fees, and charges fees in its native cryptocurrency (BNB). Unlike Coinbase or Bitstamp, users who don’t pay for their trading fees can save on normal trades by using Binance’s native token to pay for transaction fees instead.
Binance is one of the best cryptocurrency exchanges in the market, and it has been in the top 10 cryptocurrencies for several years now. It was originally founded in 2017 and has seen rapid growth ever since then.
Binance provides users with an easy-to-use user interface that allows them to trade at their own pace without any hassles. The website also provides an advanced trading platform to novice traders, allowing them to trade without much prior knowledge or experience. With their low fee structure, one can easily trade at minimal costs on this exchange, which will help you save money while trading cryptocurrencies
Step 2: Fund you Binance account.
We need to fund your binance account with BTC so that we can trade it later for Telcoin
Sign in to your newly registered Binance account and then access the ‘buy crypto’ option under the ‘account’ dropdown.
We recommend BTC as this is the only listed trading pair. Order recurring payments if you want to set a regular buy order.
You can use your debit or credit card to purchase Bitcoin from one of the top websites on the market. This is a quick and easy option because this website has been around for a long time, so it’s pretty much guaranteed to have all of the information you need.
Step 3: Trade Your BTC For Telcoin
Just now find the correct trading pair in the exchange platform, Telcoin/BTC
Once you have done that you have the option of a market or limit buy order.
A market order is used to buy and sell securities at the best available price. A limit order, on the other hand, specifies a certain price that you want this to happen.
Is Telcoin a Good Investment?
The Token has seen an enormous windfall in its latest partnership with GCash, the leading mobile e-wallet in the Philippines, connects to 33 million users across the country–making this a critical development for Token as they work to reduce costs of Telcoin is an associate member of GSMA since 2018, which’s sole purpose is to reduce the cost of international money transfers & implement direct connections with mobile money providers.
The global cost of sending a remittance is about 7% and that high fee is on average not backed by any currency buffer. Telcoin wants to largely lower that cost, if not fully eliminate it. From what we can tell, their target for this seems to be 2.5% and they hope it will be more than enough for some developing countries where the currencies are Half of the proposed percentage would be the average cost reported by the World Bank, while the other half is lower than that. According to the latest GSMA report, there are more than 1 billion active mobile money accounts in 95 countries with an annual remittance value of $7.3 billion. There is massive potential for growth in mobile remittance service $700 billion total market value, with nearly $200 billion in remittances that went through these services every year.